Juntai Technology's listing on the ChiNext has been accepted. It is a supplier of one-stop high-reliability power solutions.

On April 14th, Shanghai Juntao Technology Co., Ltd. (referred to as Juntao Technology) has had its IPO application accepted by the Shenzhen Stock Exchange's ChiNext board. Changjiang is the sponsoring institution, and the company aims to raise 850.34 million yuan. According to the prospectus, Juntao Technology's main business is the research, development, production, and sales of high-power density, efficient, and reliable power products. Its main products include power modules, power systems, power management chips, and other power products. Juntao Technology's complete support level in the industry chain covers key links such as chips, micromodules, modules, components, and power systems, with the ability to provide a full chain supply capability from core components to system-level solutions. With continuous technological accumulation and independent innovation, the company has achieved complete self-controllability of key technologies and products, making it one of the few domestic suppliers that can provide a one-stop high-reliability power solution. Juntao Technology's products are currently widely used in various types of electronic systems on weapon equipment platforms such as missile guidance systems, airborne avionics systems, weapon computer systems, electronic warfare systems, phased array radar systems, communication systems, navigation systems, and laser weapon systems in the Chinese military. It is also actively expanding into the high-reliability civilian power supply sectors such as industrial control, rail transportation, and commercial aerospace. Focusing on domestically-produced high-reliability power solutions, Juntao Technology has become one of the core suppliers in the domestic military power field. The company has long served major central SOE military groups and research institutes, with business cooperation covering nearly 300 units under them, and has thus built a large customer ecosystem, with the total number of serviced customers exceeding 1,500. The company's products are widely used in various branches of the military, including the Rocket Force, Army, Navy, and Air Force, and enjoy high brand recognition among customers. In recent years, the company has closely followed the nationalization requirements of weapon and equipment, and with continuous R&D investment and technological innovation, it has developed over 100 series and more than 2,000 domestically-produced power module products, providing customers with a variety of high-reliability and stable performance domestically-produced power solutions. Financially, the company's operating income is expected to be around 285 million yuan, 319 million yuan, and 403 million yuan in the years 2023, 2024, and 2025, respectively. During the same period, net profits are expected to be 87.79 million yuan, 85.61 million yuan, and 107 million yuan, respectively.